ASB imposes immediate LVR of 30% on investors

[ad_1] The ASB bank has unilaterally imposed an immediate loan-to-value ratio on real estate investors, who will now need a 30 percent deposit. Photo: RNZ / DOM THOMAS The Reserve Bank (RBNZ) should start consulting with retail lenders on the recovery in loan-to-value ratios (LVRs) from early next year in …

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